what is the difference between capital and revenue
expenditure
Answer Posted / dfg
CAPITAL EXPENDITURE: Outlay resulting in the increase or
acquisition of an asset or INCREASE in the earning capacity
of a business
REVENUE EXPENDITURE: Outlay as is necessary for the
MAINTENANCE of earning capacity including the upkeep of the
fixed assets in a fully efficient state.
| Is This Answer Correct ? | 6 Yes | 2 No |
Post New Answer View All Answers
Do you know the different types of audits?
What is the mean of internal audit?
What do you mean by vouching?
1.tell me five points of check list of an audit. 2.what do you checking in statutory audit.five main points. 3.what do you checking in internal audit five main points. 4.which five major points checking according to caro.
What techniques used during an audit?
What are the reasons for getting audited?
what is the steel consumption per sq ft for ground plus 12 floors
vat on liquor vat on food ? vat on bevrages ? vat on tobaco? vat on gold?
accounting & audit system of film production enterprises
Explain different functions of internal audit?
I WANT TO DO MY ARTICLE-SHIP FROM DELLOITS KOLKATA..PLEASE HELP??
How can scope of internal audit help you?
i have to finalize a mineral water co. for the year 2014-15 and i want to know that what will be rate of excise duty on sale of mineral water.
Discuss the factors to be considered by the auditor in order to determine an audit strategy.
Explain the before an audit processes?